Monthly archive November, 2021

The Commerce Department released a report on Wednesday showing an unexpected decrease in new residential construction in the U.S. in the month of October, although the report also showed a bigger than expected spike in building permits.Original Article Read More →

The U.S. dollar traded firm against its major counterparts on Tuesday, riding on data showing a bigger than expected increase in retail sales in the U.S. in October, and a report showing a notable expansion in the country's industrial production.Read More →

The U.S. dollar advanced against most of its major rivals on Thursday, extending gains from the previous session, amid expectations that rising inflation might prompt the Federal Bank to start raising interest rates sooner than earlier thought.Original Article Read More →

The Philippine economy grew more than expected in the third quarter on robust household spending and investment, data from the Philippine Statistics Authority revealed on Tuesday. Gross domestic product grew 7.1 percent on a yearly basis in the third quarter, Read More →

Germany's exports declined unexpectedly in September and imports registered a marginal growth, official data showed on Tuesday. Exports declined 0.7 percent on a monthly basis, following a 0.8 percent fall in August, Destatis reported. Shipments were forecast to climb 0.5 Read More →

German economic confidence improved for the first time in six months as financial market experts were more optimistic about the coming six months, survey results from the ZEW - Leibniz Centre for European Economic Research showed on Tuesday. The ZEW Read More →